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ActivePassive Intermediate Municipal Bond ETF APMU

Is ActivePassive Intermediate Municipal Bond ETF Halal?

Shariah Compliance Analysis of APMU ETF

No. As of October 2026, ActivePassive Intermediate Municipal Bond ETF (APMU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

APMU was created on 2023-05-03 by ActivePassive. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 202.13m in AUM and 1252 holdings. APMU is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years.

APMU Shariah Compliance

As of October 2026, ActivePassive Intermediate Municipal Bond ETF is classified as not halal.

NOT HALAL

ActivePassive Intermediate Municipal Bond ETF (APMU) Chart

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